HQ Homes
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$1,324,693$1,324,693$1,350,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$25,307$0
Funding fee$6,623$6,623$0
Note rate3.75%3.75%7.24%
Blended rate3.75%3.848%7.48%
1st payment$6,717.03$6,717.03$9,200.22
2nd payment$0.00$189.80$0.00
Taxes / mo$481.17$481.17$481.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$270.00
HOA / mo$0.00$0.00$0.00
Total monthly$7,414.86$7,604.66$10,168.06
Cash to close$175,307$150,000$150,000